Learn About Home Loans in Towson, MD
In Towson, planning a home purchase is easier when you have Mr. Cooper on your side. As a top-20 home lender and the third-largest home loan servicer in the country, we have decades of experience to help you understand your loan options and chart a path for home buying success.
Work with a Mr. Cooper mortgage professional and you can get a customized strategy for approaching your home loan journey — one that will help you walk confidently. We can help you determine how much house you can afford, what mortgage rates might be in Towson, and also get pre-approved in Towson. Our mortgage professionals get to know your unique financial and living situation to come up with a strategic plan for securing the best mortgage for your needs. Read on to learn more about different home mortgage options and call one of Mr. Cooper's mortgage professionals in Towson to start your journey. You could prequalify for a mortgage in no time. Get Started
What to Know About FHA Loans in Towson, MD
If you're searching for a loan with a potentially lower down payment and flexible credit requirements, you might want to consider a Federal Housing Administration (FHA) loan. Close to 1 in 5 of all home buyers rely on this government-issued loan type. The loan program largely caters to homebuyers who cannot afford the usual 20% down payment that many private lenders require. The down payment can be as low as 3.5% and may be a perfect fit for buyers who can’t get a conventional loan.
In Towson, Mr. Cooper has seen FHA loans surge in popularity at the same time as student loan debt and rental prices — two circumstances that can make it tough to save enough money for a down payment. Another benefit to FHA loans is that they're often accessible to borrowers with lower credit scores. Wherever you are on your journey, Mr. Cooper can walk you through the ins and outs of FHA loans and figure out the best financing option for your needs.
Should You Pursue a VA Loan in Towson?
This nation's service men and women, veterans, and their spouses deserve nothing but the best. Mr. Cooper can lend their expertise in helping you get qualified for a VA home loan in Towson if you think you might be eligible for one. Connect with Mr. Cooper if you're looking to buy a home in Towson and want to learn more about VA loans. There are many benefits in this loan type that can make the home buying process a lot easier. VA loans offer lower rates when compared to the overall mortgage landscape. There's also a possibility that you won't have to put down a down payment. Checking your VA eligibility for a VA loan in Towson is quick and easy with a Mr. Cooper professional guiding you through the application process.
Mr. Cooper Simplifies Jumbo Loans in Towson, Too
Jumbo loans are a good match for many homebuyers in Towson. A jumbo loan, or a jumbo mortgage, goes beyond the limits of a conventional loan. Jumbo loans are designed to help people refinance or buy higher-valued real estate and are often millions of dollars. If you’re interested in jumbo loans to buy a home in Towson, you most likely need larger loan amounts that exceed conventional loan limits. For more information on jumbo loan eligibility in Towson, contact Mr. Cooper.
Buy a House in Towson with Help from Mr. Cooper
Mr. Cooper's family of mortgage professionals is ready to help you buy a house in Towson. But we know that means different things to different people. Some people are only interested in knowing today's mortgage rates in Towson. Others can't wait to prequalify for a mortgage in Towson. And still others can't wait to pack their moving boxes and close on a home as soon as possible! Whatever your unique needs and goals are, Mr. Cooper's home buyer program in Towson is here to make them a reality. Talk to a mortgage professional today.
- This is not a commitment to lend. All loans are subject to credit and property approval. This offer is nontransferable and may not be combined with any other mortgage offer. Advertised offer is subject to change. If a personal code is present on the advertised offer, you must provide such code to claim the offer. We may gather information about you including, but not limited to, credit bureau information, information for verification of income, information for appraisal and verification of property being used for collateral. We also verify your identity. Income, assets, and debt must meet eligibility requirements as established by Government and/or Lender guidelines.